Why offshore funds are more than just about avoiding tax

offshore

Historically perceived as a way to evade tax, offshore funds offer far more to UK investors, for example a wider choice of funds, variety of share classes and flexibility of pricing structures

With changes to distributor status on many offshore funds, tax reasons make the argument for investing offshore less compelling. To many investors, the term offshore has historically been perceived as trying to avoid paying tax or setting up exotic trust arrangements in places such as Bermuda or the Channel Islands. And it is true that in the late 1980s investors may have chosen to invest offshore to defer or avoid tax liabilities. However a number of UK fund managers offer an offshore fund range to UK clients. Why do they do this? The main reason a UK investor should consider investing ...